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China hits back at Trump with tariffs on 51 billion euros worth of American goods
China has hits back as the trade war between the world's two largest economies escalates. Beijing will levy tariffs on about 51 billion euros worth of American goods in retaliation for new US tariffs on 170 billion euros of Chinese...
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Michael Kors Close to Deal for Versace
Michael Kors is reportedly nearing a deal to buy Versace in a deal that would value the storied Italian fashion house at around $2 billion. Blackstone would sell its 20 percent stake as part of the deal, according to the Wall Street...
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Trade tensions escalate as China accuses Washington of bullying
There are no signs of an easing in tensions over trade between the U.S. and China. Beijing has accused Washington of bullying tactics after it imposed another round of tariffs leading to more retaliation from China. President Trump says...
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Trudeau and Trump trade shots as NAFTA talks resume
Last Friday's deadline came and went, but has been extended until the end of the month — the expectation is negotiators will use all the time available.
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How High Could Prices for Apple Products Go?
Apple caused more than a few waves last year when it rolled out its first $1,000 iPhone. The company will announce the latest set of products on Wednesday, days after it wrote to the government that it would be forced to raise prices...
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Trump's Tariffs Pose Trouble for Apple Before Annual Event
Something different looms over this year's annual Apple keynote: an escalating trade war with China, which the company is so dependent on. What will that mean for the consumer?
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Trump's Tariffs Loom in the Background Before Apple Event
Something different looms over this year's annual Apple keynote: an escalating trade war with China, a country on which the company is so dependent. What will that mean for the consumer? Plus, could there be some surprises in store at...
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Chinese Electric Car Maker Nio Goes Public, Taking on Tesla
Louis Hsieh, the CFO of Nio, which went public on the NYSE Wednesday, said that the Chinese regulations and restrictions on the automotive industry has left them no choice but to prioritize electric vehicles.
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China's NIO Goes Public, Taking on Tesla
Louis Hsieh, the CFO of NIO, which went public on the NYSE Wednesday, said that the Chinese regulations and restrictions on the automotive industry have left no choice but to prioritize electric vehicles.
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Market Sell-Off Accelerates After Trump Backs More Tariffs
President Trump indicated on Thursday that he will support tariffs on an additional $200 billion worth of Chinese goods as early as next week. Major U.S. markets, which had already been down earlier in the day, turned sharply lower after...
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Tariffs Make 'Robust Trade War' Inevitable, Tech Trade Group Says
The Trump administration's tariffs are spooking investors in the consumer electronics industry, according to Izzy Santa of the Consumer Technology Association.
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Turkish lira falls as tensions rise again with the US
Turkey's lira has weakened further against the dollar after US President Donald Trump said he would give Turkey no concessions in return for the release of a detained American pastor. Also on Tuesday, Ankara said it would make an...
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Markets Hit Record Highs on Trade Deal
Markets are finally starting to understand President Trump's negotiating strategy, said John Petrides, managing director of Point View Wealth Management. A trade deal with Mexico sent stocks soaring to record highs Monday.
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Trump Raises Proposed Chinese Tariffs to 25%
The administration confirmed Wednesday that it would raise the proposed tax rate on $200 billion worth of Chinese goods from 10 percent to 25 percent, further escalating trade tensions between the two countries.
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Canada-U.S. trade war taking toll in unexpected places
CBC News looks at how tariffs on playing cards and cans of pop are catching Canadians off guard.
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Economic Analyst: Don't Let the Latest Unemployment Numbers Fool You
The Labor Department reported on Friday that the unemployment rate in the U.S. dropped to 3.9 percent and 157,000 new jobs were added in July. But Mark Hamrick, senior economic analyst at Bankrate reminded Cheddar that inflation is still...
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U.S. Economy Adds Jobs, But Uncertainty Remains
The Labor Department reported on Friday that the unemployment rate in the U.S. dropped to 3.9 percent and 157,000 new jobs were added in July. But Mark Hamrick, senior economic analyst at Bankrate, points out that companies are citing...
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The Reason You're Not Getting a Raise
The Labor Department reported on Friday that the unemployment rate in the U.S. dropped to 3.9 percent and 157,000 new jobs were added in July. But while average hourly earnings rose 2.7 percent, Bankrate's Mark Hamrick points out that...
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Trump and Juncker appear on friendly terms
The American President and the President of the European Union Commission appear to be on friendly terms at the White House. Jean-Claude Juncker and President Trump were optimistic as they both expressed a desire to cut tariffs and ease...
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Trump: US and EU agree to work to lower trade barriers
US President Donald Trump said that today was a "very big day for free and fair trade" as he delivered a statement after meeting with European Commission President Jean-Claude Juncker at the White House on Wednesday. Trump said they both...
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Trump and Juncker ease US-EU trade tensions, promise zero tariffs
US President Donald Trump called today a "very big day for free and fair trade" as he and European Commission President Jean-Claude Juncker promise to ease trade tensions. Speaking from the White House lawn on Wednesday, Trump said the...
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Trump and Trans Mountain pipeline: How the president could play key role in deal
CBC News has obtained a copy of the federal government's contract, which says it would also buy the Puget Sound pipeline — and that part of the purchase could end up needing final approval from Trump.
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BMW jobs at risk in the US
In the heart of America, there's a German giant. It's the largest BMW factory in the world. Welcome to Spartanburg, with 10,000 employees, and 1400 vehicles produced every day. The factory makes a whole region live, but since Donald...
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Kudlow Talks With Cheddar; Blames Execs, not Tariffs, for Weak Earnings
Cheddar's own Tim Stenovec interviewed Larry Kudlow, Director of the United States National Economic Council, on Friday amid a 4.1% jump in US second quarter GDP. Kudlow claims companies that blamed U.S. tariffs for weak Q2 earnings...